Global Advanced and Predictive Analytics (APA) Software Market Is Anticipated to Expand at a CAGR of 8.6% from 2015 to 2020, by PMR

New York, NY -- (SBWIRE) -- 08/19/2016 -- The advanced and predictive analytics (APA) software market stood at US$2,422.9 mn in 2014 and will register an 8.6% CAGR between 2015 and 2020, thanks chiefly to the utilization of big data repositories. This is the key finding of a report published by Persistence Market Research (PMR), titled, "Global Market Study on Advanced and Predictive Analytics (APA) Software: Impelled by Deployment of Big Data Repositories." The intense focus on Hadoop, NoSQL, and NewSQL in a bid to improve enterprises' operational efficiencies will boost the advanced and predictive analytics (APA) software market worldwide. The implementation of APA helps boost the ability to compute data, thus helping enterprises extract the maximum value from advanced and predictive analytics.